CandleFocus

ApeCoin DAO Shuts Down Four Ineffective Groups

The ApeCoin DAO has decided to dissolve four working groups, including management, marketing, metaverse initiatives, and Web3 development, due to their lack of productivity and the unsustainable financial burden they represented. The decision was approved by an impressive 98.02% on the Snapshot platform. The DAO plans to outsource necessary functions and recruit new teams through a Request for Proposal process to improve efficiency. The restructuring aims to optimize fund utilization and drive better outcomes through partnerships with external teams.

Related News